Orange County NC Website
33 <br />EXHIBIT A -- SITE DESCRIPTION <br />EXHIBIT B -- EXISTING ENCUMBRANCES <br />EXHIBIT C -- PAYMENT SCHEDULE <br />The County will make payments to repay the Amount Financed over an <br />amortization period of approximately ten (10) years. Payments are [annual] in arrears in <br />variable amounts with a fixed principal component of $168,500. A portion of each <br />payment is paid as and represents payment of interest at an annual interest rate of 5.00%. <br />Payments are due beginning on and [annually] thereafter, with a final <br />payment of all outstanding principal and accrued and unpaid interest due on <br />all as set forth in the attached amortization schedule. <br />17 <br />finagieemttweeter